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Belgium

EU member since 1958 · eurozone since 1999 · capital Brussels

GDP nominal

642.0B€M

+22101.00 YoY

as of 2025-01

GDP per cap

53,930€

+1620.00 YoY

as of 2025-01

Deficit

-5.20% GDP

-0.80 YoY

as of 2025-01

Debt

107.90% GDP

+4.00 YoY

as of 2025-01

HICP

3.00%

-1.30 YoY

as of 2025-01

Unemployment

6.20%

+0.50 YoY

as of 2025-01

Fiscal trajectory

Deficit history + debt vs eurozone average

Government deficit / surplusi

% of GDP, annual (B.9)

Government debti

% of GDP, vs eurozone average

Government spending — latest year

By COFOG function (% of GDP)

Spending breakdowni

latest year (2024)

Total expenditure vs revenuei

% of GDP, annual

Macro indicators

Real GDP growthi

% YoY, annual

HICP inflationi

% YoY, annual average

Unemploymenti

% of active population

Sovereign borrowing cost

10Y benchmark government bond yield (monthly)

10Y yieldi

vs. EU peers

Rank against the other 26 EU member states for the latest available period

Debt rank

4/27

debt: 107.9%

Deficit rank

25/27

deficit: -5.2%

GDP per cap

7/27

GDP/cap: €53,930

IMF WEO forecasts

GDP growth — historical + forecasti

Solid = actual · dashed = forecast